2nd Asian ETF Summit

Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.

China Life names Yuan Changqing as acting chairman; Future Super hires operations chief; China Life Franklin Asset Management CIO and deputy CEO leave; Willis Towers Watson has hired Kameswara Natakusumah as head of Indonesia; Prudential hires ex-Apac CEO for Allianz George David Sartorel as a non-executive director; Manulife IM hires into multi-asset solutions team in Asia; PineBridge Investments hires from BNY Mellon IM; and more.

Companies in major indices across developed markets will be expected to issue climate-related disclosures and have a third of their boards comprise women by 2023.

Despite Evergrande's woes, Allianz is still bullish on Chinese property and infrastructure, although it has slowed down its investment process.

The chair of China Life Insurance is under investigation for "serious violations of discipline and law"; Korea's National Pension Service was found to have been passive with efforts to mitigate climate change; Singapore's NTUC Income plans to spin off insurance business to new company; Temasek leads $300 million funding round alongside Qatar's SWF for Carsome Group; and more.